SOURCE: SMA Alliance, Inc.

SMA Alliance, Inc.

May 30, 2011 12:06 ET

SMA Alliance Buys Bizwrk & Palwow to Enter Employment Vertical With 251,000 Members

NASHVILLE, TN--(Marketwire - May 30, 2011) - SMA Alliance (PINKSHEETS: SMAAD) (PINKSHEETS: SMAA) has agreed to purchase two social networking sites with approximately 251,000 members for an undisclosed amount. The purchase of the social networking site and allows a sufficient base for research and development of SMA's technology in the employment sector.

SMA plans to enter additional sectors with its lead generation software and applications, specifically targeting the Search and Placement Sales sub-sector of the Employment Staffing industry in the U.S. The Employment Search and Placement Sales industry generates approximately $8 billion of $62 billion annually, according to American Staffing Association.

The combined sites, under, would allow employers to place employment ads and have those job opportunities be presented directly to the social members according to their employment qualifications. The business and revenue models will be presented after the R&D phase is complete.

SMA Alliance has proven its software and applications in the automobile industry, boosting automobile dealer's sales to as much as 70% increase in a single month. "We know how to sell our products and believe we can make a significant impact on improving local unemployment nationwide. Let's get America working," said Anthony Baker, President of SMA.

This project should be in R&D for approximately 90 days.

This press release may contain certain forward-looking statements regarding future circumstances. These forward-looking statements are based upon the Company's current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements including, in particular, the risks and uncertainties described in the Company's filings on Actual results, events, and performance may differ. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as to the date hereof. The Company undertakes no obligation to release publicly any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by the Company or any other person that the events or circumstances described in such statements are material.

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    SMA Alliance, Inc.
    Telephone: 888.330.6623
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